16
QuizMultiple Choice

Variable Investments — Quiz

Question 16 • Financial Math

In February 2023 Apple Inc. paid a $⁢0.23 quarterly dividend. If you had 200 shares of Apple stock, how much would you receive during that quarter?

Answer
A
23 dollars
B
138 dollars
C
200 dollars
D
46 dollars

Explanation

Multiply the dividend per share by the number of shares: $0.23 × 200 = $46. You would receive $46 for that quarter, which is choice B.

AI-written and checked against the verified answer.

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